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Hi BP community, looking for some thoughts on how others have moved on to their second property after using an FHA loan on their first house hack. I purchased my first property a 2 flat as a house hack in December (20...
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For context here is the situation. I have a quadplex in minneapolis, in a solid area, for 200K. The seller is selling as is. Obviously the place is going to need to be rehabed. I am still a newb here so i apologize if...
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I have some equity in a 3 unit rental I’d like to pull out. No lender that I can find is willing to refi a multi unit rental. Are there any creative ways to do this. Suppose I could move into one of the units? Anyone ...
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As a mortgage banker, I often get asked about the Freddie Mac Small Balance Loan Program for Multifamily Properties. Its a great program so here is an overview for people that are interested in learning more.Freddie ...
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Hi Everyone,
I'm a newbie to all of this and I've done some research over the past few months... Already made my first mistake. So for those of you reading and not participating here is the mistake I made I e...
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In the Nebraska legislature and the Omaha City Council there is movement afoot to impose a registration and inspection program for all rentals- Single and Multifamily. They would charge $50/ house and $20/unit per apa...
I have always invested in single family homes and have done pretty well so far. Recently I have been looking into apartment buildings (8-20 unit) in the Cleveland, Oh area. I am trying to get familiar with the market ...
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Any thoughts?
http://www.nytimes.com/2014/03/16/magazine/the-cold-hard-lessons-of-mobile-home-u.html?rref=magazine&module=Ribbon&version=context®ion=Header&action=click&contentCollectio...
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So far, I’ve only done buy and hold residential real estate. I’m ready to start venturing into multi family and looking at some small apartment buildings (8-16 units) but wanted to get some recommendations on any book...
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Your Real Estate Deal Won't Be a '72 Pinto: Follow This Advice!Stephen Covey, famed author of "Seven Habits of Highly Effective People," claimed an important habit in achieving success was to "Begin With the End In Mi...